Insurers Capitalize on Big Data and Hadoop

Insurance is a business built on data. Insurers analyze data to understand, evaluate and assume profitable risks. While data is the most valuable asset for insurers; actuaries, underwriters and other key stakeholders are hard pressed to obtain the right data at the right time. Many are evaluating risks and making strategic decisions based on only a sample set of historical and industry data. These limited data sources provide a myopic view and place tremendous burden on insurers.

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Pivotal

Pivotal’s cloud native platform drives software innovation for many of the world’s most admired brands. With millions of developers in communities around the world, Pivotal technology touches billions of users every day. After shaping the software development culture of Silicon Valley's most valuable companies for over a decade, today Pivotal leads a global technology movement transforming how the world builds software.

OTHER WHITEPAPERS
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Trust your data

whitePaper | October 5, 2018

“Though 85% of companies are trying to be data-driven, only 37% of that number say they’ve been successful” “About three out of five people in leadership roles say a failure to get on board with big data could lead to obsolescence” As of this moment, only 0.5% of all accessible data is analyzed and used. Imagine the potential here.

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THE JOURNEY TO OPEN DATA SCIENCE

whitePaper |

Migrating from traditional analytics to modern Open Data Science is one of the most important trends of the decade. However, although this migration is critical to the core mission of many enterprises, practicing Data Science effectively has remained a thorny challenge. Part of this is due to the use of older proprietary data technologies that do not provide the flexibility and power needed to channel the full potential of a Data Science team — not just Data Scientists and Developers, but business experts and other stakeholders. These proprietary technologies are not innovative, transparent or community supported, and they typically cannot quickly adapt to changes as projects develop.

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Digital Transformation in Insurance Powered by Big Data

whitePaper |

Insurance has the opportunity to leapfrog the other segments of Financial Services into the digital era. One thing in favor of this opportunity is the advent of wearables and sensors, or the Internet of Things (IoT), but they are just the enablers. The big driver for change in insurance are the customers: the digitally native Gen Y and the affluent. In a recent survey by Capgemini and Efma, almost half of customers indicated that they would buy insurance from a non-insurance company. That is a powerful force for change in insurance.

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Fourth Industrial Revolution Beacons of Technology and Innovation in Manufacturing

whitePaper | January 10, 2019

Many companies are piloting Fourth Industrial Revolution initiatives in manufacturing, but few have managed to integrate Fourth Industrial Revolution technologies at scale to realize significant economic and financial benefits. The World Economic Forum, in collaboration with McKinsey & Company, scanned more than 1,000 leading manufacturers. Subsequent outreach enabled visits to the most advanced sites and identification of the few factories that are true guiding lights in the context of Fourth Industrial Revolution production: lighthouses.

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Application of Big Data Solution to Mining Analytics

whitePaper |

Big Data Analytics is now a big blip on the radar of the Mining industry. In a recent survey that included 10 of the Top 20 global mining companies, the Mining Journal said that Big Data Analytics would spur the next wave of ef¬ciency gains in ore extraction, analysis, transportation and processing by enabling faster and better informed decisions at all levels. In a competitive market, every effort to improve margins using operational intelligence is necessary. That is why analytics is expected to play a major role in driving better asset utilization, boost productivity, and address material ow delays…

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FIND YOUR FUTURE IN DATA

whitePaper |

The world generates data at an astonishing rate—about 2.5 quintillion bytes each day. Across the country, employers are racing to hire professionals who know how to extract meaning from and interpret data. With this in mind, we created the University of Wisconsin Master of Science in Data Science in an online format ideal for busy adults like you who want to advance in or enter the data science field but don’t have time for on-campus courses.

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Spotlight

Pivotal

Pivotal’s cloud native platform drives software innovation for many of the world’s most admired brands. With millions of developers in communities around the world, Pivotal technology touches billions of users every day. After shaping the software development culture of Silicon Valley's most valuable companies for over a decade, today Pivotal leads a global technology movement transforming how the world builds software.

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